U-Haul Financial Statements
NYSE: UHALConsumer DiscretionaryRental/Leasing CompaniesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
U-Haul revenue and earnings
In fiscal 2026, U-Haul generated $6.04 billion in revenue, up 3.6% from fiscal 2025, its 2nd consecutive year of revenue growth. Net income was $83.1 million (-77.4% year over year), for a net margin of 1.4% versus a median of 13.4% in the prior 5 years. Gross margin was 95.9% (down from 96.0%) and operating margin 7.2%.
Over the last 5 fiscal years, UHAL's revenue has grown at a 5.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
U-Haul income statement (annual)
| Fiscal year (USD) | FY 20262026-03-31 | FY 20252025-03-31 | FY 20242024-03-31 | FY 20232023-03-31 | FY 20222022-03-31 | FY 20212021-03-31 | FY 20192020-03-31 | FY 20192019-03-31 | FY 20172018-03-31 | FY 20172017-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.04B | 5.83B | 5.63B | 5.86B | 5.74B | 4.54B | 3.98B | 3.77B | 3.60B | 3.42B |
| Revenue growth (YoY) | +3.59% | +3.61% | -4.08% | +2.18% | +26.37% | +14.15% | +5.58% | +4.65% | +5.24% | +4.47% |
| Cost of Revenue | 246.86M | 234.15M | 241.56M | 263.03M | 259.58M | 214.06M | 164.02M | 162.14M | 160.49M | 152.49M |
| Gross Profit | 5.79B | 5.59B | 5.38B | 5.60B | 5.48B | 4.33B | 3.81B | 3.61B | 3.44B | 3.27B |
| Operating Expenses | 3.42B | 3.28B | 3.13B | 3.02B | 2.68B | 2.19B | 2.12B | 1.98B | 1.81B | 1.57B |
| Operating Income | 432.62M | 716.15M | 977.79M | 1.45B | 1.65B | 961.15M | 540.13M | 620.99M | 765.25M | 743.16M |
| Interest Expense | 364.76M | 295.72M | 256.18M | 223.96M | 167.42M | 163.50M | 160.95M | 142.44M | 126.71M | 113.41M |
| Pretax Income | 112.63M | 477.51M | 840.18M | 1.22B | 1.48B | 796.66M | 378.12M | 477.53M | 637.61M | 628.36M |
| Income Tax | 29.51M | 110.42M | 211.47M | 294.93M | 352.21M | 185.80M | -63.92M | 106.67M | -152.97M | 229.93M |
| Net Income | 83.13M | 367.09M | 628.71M | 924.47M | 1.12B | 610.86M | 442.05M | 370.86M | 790.58M | 398.42M |
| Net Income growth (YoY) | -77.35% | -41.61% | -31.99% | -17.78% | +84.06% | +38.19% | +19.20% | -53.09% | +98.43% | -18.52% |
| EPS (Basic) | — | — | 3.04 | — | 57.29 | 31.15 | 22.55 | — | — | — |
| EPS (Diluted) | — | — | 3.04 | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 196.08M | 196.08M | 196.08M | — | 19.61M | 19.61M | 19.60M | 19.59M | 19.59M | 19.59M |
| Shares Outstanding (Diluted) | — | — | — | — | — | 19.61M | 19.60M | 19.59M | 19.59M | 19.59M |
| EBITDA | 1.62B | 1.69B | 1.80B | 2.18B | 2.34B | 1.63B | 1.20B | 1.20B | 1.32B | 1.22B |
| Gross Margin | 95.91% | 95.98% | 95.71% | 95.52% | 95.48% | 95.29% | 95.88% | 95.70% | 95.54% | 95.54% |
| Operating Margin | 7.17% | 12.29% | 17.38% | 24.65% | 28.68% | 21.16% | 13.57% | 16.48% | 21.25% | 21.72% |
| Net Margin | 138.00% | 6.30% | 11.18% | 15.76% | 19.59% | 13.45% | 11.11% | 9.84% | 21.95% | 11.64% |
This table shows 10 annual periods of U-Haul's income statement, from FY 2026 back to FY 2017, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow UHAL's reporting calendar. What is a income statement?